Financial Accounting Question A company paid $0.85 in cash dividends per share. Itsearnings per share is $3.50, and its market price pershare is $35.50.What is its dividend yield?

Step 1: Define Financial RatiosFinancial ratios, like the current ratio, debt-to-equity ratio, etc.,…

Answered: A company paid $0.85 in cash dividends…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6P

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A company paid $0.85 in cash dividends per share. Its earnings per share is $3.50, and its market price per share is $35.50. What is its dividend yield?